Funding you earn now, next payment 05:00 UTC−0.0832%/8h= −91.1% APRpaid last 24h −0.130%
Price spread now: Kraken Futures against Bitget−0.533%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$25 a day on $10k at the current rate, and Kraken Futures is 0.533% cheaper against Bitget than usual: you would sell low and buy high (−$53 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SOONUSDT | 0.1951 | 0.1266 | pay 0.0633% / 4h | 3h 12m | $9.2M | $286K | 25x |
| Short | Kraken Futures PF_SOONUSD | 0.1941 | 0.0434 | get 0.0054% / 1h | 12m 02s | $11K | $2K | 10x |
Bitget SOONUSDT
Kraken Futures PF_SOONUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Bitget. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$174.7
- Price spread: −0.533% → 0.000%
- −$53.32
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$250.02
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Bitget: live order book, 1 min ago; Kraken Futures: no order-book sample. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bitget live order book, 1 min ago | 7.69 bp | 30.7 bp −$31 | 202.8 bp −$2,028 | doesn't fit | doesn't fit |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
SOON on 11 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin SOONUSDTM | +0.0100% | 4h | 0.1952 | +0.036% | $1.8M | $3.4M | 50x | as long as short |
| Kraken Futures PF_SOONUSDshort | +0.0434% | 1h | 0.1941 | −0.533% | $11K | $2K | 10x | |
| Gate SOON_USDT | +0.0670% | 4h | 0.1947 | −0.205% | $3.2M | $127K | 50x | as long as short |
| Extended SOON-USD | +0.0768% | 1h | 0.1951 | −0.019% | $7K | $220K | 5x | as long as short |
| Binance SOONUSDT | +0.0768% | 4h | 0.1952 | +0.027% | $8.0M | $2.0M | 50x | as long as short |
| OKX SOON-USDT-SWAP | +0.0863% | 4h | 0.1953 | +0.103% | $2.0M | $498K | 20x | as long as short |
| Variational Omni SOON | +0.1213% | 4h | 0.1941 | −0.530% | $239K | $20K | — | as long as short |
| Bitget SOONUSDTlong | +0.1266% | 4h | 0.1951 | long leg | $9.2M | $286K | 25x | |
| Aster SOONUSDT | +0.1367% | 4h | 0.1948 | −0.142% | $189K | $3K | 5x | as long as short |
| BingX SOON-USDT | +0.1768% | 4h | 0.1949 | −0.103% | — | $6.7M | — | as long as short |
KuCoin SOONUSDTM
Gate SOON_USDT
Extended SOON-USD
Binance SOONUSDT
OKX SOON-USDT-SWAP
Variational Omni SOON
Aster SOONUSDT
BingX SOON-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SOONUSDT | +0.2043% | 4h | 0.1941 | −0.507% | $2.5M | $1.2M | 25x | as long as short |
Bybit SOONUSDT